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Ray.R.Doerr(at)sprint.com
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 Posted: Tue Apr 01, 2008 8:08 am Post subject: Insurance Renewal Time once again. |
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It’s that time again when my Insurance Renewal is up on my RV-10. I thought I would share with the group what I was just told about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year my premium was $3,144, for a hull value of $150,000. At the time of that renewal, I was an Instrument rated pilot with roughly 300 hours total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is $2,714 for the same $150,000 hull value, that’s $430 cheaper than last year. That make me happy. And since I have been considering increasing the hull value, I had them quote it for $170,000 hull value. That quote came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace was $3,520
Now I just need to figure out if I wan’t to increase the hull value or not with AIG.
Thank You
Ray Doerr
N519RV (40250)
[quote][b]
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
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Tim Olson
Joined: 25 Jan 2007
Posts: 2879
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| Posted: Tue Apr 01, 2008 8:38 am Post subject: Insurance Renewal Time once again. |
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Same thing happened to me.....2 drops in a row just like
that. I upped the hull one or both times to make
up the difference. Nice to have the hull where
it should be.
Great that you're putting on very worthwhile time
don't you think!? 
Tim Olson - RV-10 N104CD - Flying
do not archive
Doerr, Ray R [NTK] wrote:
| Quote: | It’s that time again when my Insurance Renewal is up on my
RV-10. I thought I would share with the group what I was just told
about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year
my premium was $3,144, for a hull value of $150,000. At the time of
that renewal, I was an Instrument rated pilot with roughly 300 hours
total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is
$2,714 for the same $150,000 hull value, that’s $430 cheaper than last
year. That make me happy. And since I have been considering increasing
the hull value, I had them quote it for $170,000 hull value. That quote
came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace
was $3,520
Now I just need to figure out if I wan’t to increase the
hull value or not with AIG.
Thank You
*Ray Doerr*
N519RV (40250)
*
*
|
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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bcondrey
Joined: 03 Apr 2006
Posts: 580
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| Posted: Tue Apr 01, 2008 9:04 am Post subject: Insurance Renewal Time once again. |
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Ray, good info - thanks!
I have some additional data to contribute since I very recently received quotes. AIG had a premium of $3,261 for a 150k hull value as an instrument rated pilot with roughly 400 hours TT and 11 hours make/model. This includes a 5% discount for being a member of AOPA. I had one other quote from AIM for $3,050. Difference between the two was essentially in coverage of first flight and during the flyoff period. The AIG quote covers everything but with increased deductible and lower liability during the flyoff period. AIM didn’t cover first flight but did include an Open Pilot Warranty with requirements of 500 hours TT and 10 hours make/model.
AIG has a breakpoint at 100 hours make/model where a discount comes into play.
AIG also has a discount (10% I think) for Technologically Advanced Aircraft. You have to meet the requirements when the quote is generated to get the discount (unfortunately I didn’t know this and didn’t have an IPC within the last year so didn’t get the discount this time). Following are the requirements for that discount:
Aircraft Requirements:
<![if !supportLists]>1. <![endif]>IFR certified GPS
<![if !supportLists]>2. <![endif]>Moving map display
<![if !supportLists]>3. <![endif]>2 axis autopilot
Plus 2 of the following systems installed on-board and operational:
Terrain awareness such as TAWS, GPWS or EGPWS
Traffic avoidance (TCAS)
Weather monitoring equipment such as stormscope, datalink or radar
Advanced fuel management such as a fuel totalizer
RNP capability
Pilot Requirements:
<![if !supportLists]>1. <![endif]>Private or more advanced pilot certificate with instrument rating
<![if !supportLists]>2. <![endif]>Completion of an IPC within the previous 12 months and annually thereafter in the make and model aircraft to be operated
<![if !supportLists]>3. <![endif]>Attend/complete 1 of 5 ASF courses in the preceding 12 months related to:
<![if !supportLists]>a. <![endif]>Single pilot IFR
<![if !supportLists]>b. <![endif]>Datalink
<![if !supportLists]>c. <![endif]>Thunderstorms
<![if !supportLists]>d. <![endif]>IFR GPS
<![if !supportLists]>e. <![endif]>Runway Safety
Bob #40105
So close…
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Doerr, Ray R [NTK]
Sent: Tuesday, April 01, 2008 11:05 AM
To: rv10-list(at)matronics.com
Subject: Insurance Renewal Time once again.
It’s that time again when my Insurance Renewal is up on my RV-10. I thought I would share with the group what I was just told about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year my premium was $3,144, for a hull value of $150,000. At the time of that renewal, I was an Instrument rated pilot with roughly 300 hours total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is $2,714 for the same $150,000 hull value, that’s $430 cheaper than last year. That make me happy. And since I have been considering increasing the hull value, I had them quote it for $170,000 hull value. That quote came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace was $3,520
Now I just need to figure out if I wan’t to increase the hull value or not with AIG.
Thank You
Ray Doerr
N519RV (40250)
| Quote: | | http://www.matronics.com/Navigator?RV10-List |
0123456789
[quote][b]
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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Ray.R.Doerr(at)sprint.com
Guest
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| Posted: Tue Apr 01, 2008 10:16 am Post subject: Insurance Renewal Time once again. |
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Bob, thanks for the info. I just contacted my agent at AIG to see if he is aware of this program since I meet all of the requirements that you had listed.
Thank You
Ray Doerr
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Condrey, Bob (US SSA)
Sent: Tuesday, April 01, 2008 12:00 PM
To: rv10-list(at)matronics.com
Subject: RE: Insurance Renewal Time once again.
Ray, good info - thanks!
I have some additional data to contribute since I very recently received quotes. AIG had a premium of $3,261 for a 150k hull value as an instrument rated pilot with roughly 400 hours TT and 11 hours make/model. This includes a 5% discount for being a member of AOPA. I had one other quote from AIM for $3,050. Difference between the two was essentially in coverage of first flight and during the flyoff period. The AIG quote covers everything but with increased deductible and lower liability during the flyoff period. AIM didn’t cover first flight but did include an Open Pilot Warranty with requirements of 500 hours TT and 10 hours make/model.
AIG has a breakpoint at 100 hours make/model where a discount comes into play.
AIG also has a discount (10% I think) for Technologically Advanced Aircraft. You have to meet the requirements when the quote is generated to get the discount (unfortunately I didn’t know this and didn’t have an IPC within the last year so didn’t get the discount this time). Following are the requirements for that discount:
Aircraft Requirements:
<![if !supportLists]>1. <![endif]>IFR certified GPS
<![if !supportLists]>2. <![endif]>Moving map display
<![if !supportLists]>3. <![endif]>2 axis autopilot
Plus 2 of the following systems installed on-board and operational:
Terrain awareness such as TAWS, GPWS or EGPWS
Traffic avoidance (TCAS)
Weather monitoring equipment such as stormscope, datalink or radar
Advanced fuel management such as a fuel totalizer
RNP capability
Pilot Requirements:
<![if !supportLists]>1. <![endif]>Private or more advanced pilot certificate with instrument rating
<![if !supportLists]>2. <![endif]>Completion of an IPC within the previous 12 months and annually thereafter in the make and model aircraft to be operated
<![if !supportLists]>3. <![endif]>Attend/complete 1 of 5 ASF courses in the preceding 12 months related to:
<![if !supportLists]>a. <![endif]>Single pilot IFR
<![if !supportLists]>b. <![endif]>Datalink
<![if !supportLists]>c. <![endif]>Thunderstorms
<![if !supportLists]>d. <![endif]>IFR GPS
<![if !supportLists]>e. <![endif]>Runway Safety
Bob #40105
So close…
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Doerr, Ray R [NTK]
Sent: Tuesday, April 01, 2008 11:05 AM
To: rv10-list(at)matronics.com
Subject: Insurance Renewal Time once again.
It’s that time again when my Insurance Renewal is up on my RV-10. I thought I would share with the group what I was just told about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year my premium was $3,144, for a hull value of $150,000. At the time of that renewal, I was an Instrument rated pilot with roughly 300 hours total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is $2,714 for the same $150,000 hull value, that’s $430 cheaper than last year. That make me happy. And since I have been considering increasing the hull value, I had them quote it for $170,000 hull value. That quote came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace was $3,520
Now I just need to figure out if I wan’t to increase the hull value or not with AIG.
Thank You
Ray Doerr
N519RV (40250)
| Quote: | | http://www.matronics.com/contribution |
0123456789012345
[quote][b]
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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dlm46007(at)cox.net
Guest
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| Posted: Tue Apr 01, 2008 11:00 am Post subject: Insurance Renewal Time once again. |
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I am getting ready to fly January 103 (aka April 13) and just paid $3325 to Globe for the EAA insurance for 150K hull. AIG offered $2715 but deductible was 10% for test period. AVEMCO , for a laugh, wanted $5400. My TT is 4000+ COM CFII A&P; They required that I get one hour of RV10 dual (The travel to TX) exceeded the cost of the dual by a factor of 5. After I have flown the test period I will be providing two hours dual to my building partner whose total time is about 250 in C152 and Glastar. He is PVT A&P only; addtional insurance cost is $900 annually.
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Doerr, Ray R [NTK]
Sent: Tuesday, April 01, 2008 9:05 AM
To: rv10-list(at)matronics.com
Subject: Insurance Renewal Time once again.
It’s that time again when my Insurance Renewal is up on my RV-10. I thought I would share with the group what I was just told about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year my premium was $3,144, for a hull value of $150,000. At the time of that renewal, I was an Instrument rated pilot with roughly 300 hours total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is $2,714 for the same $150,000 hull value, that’s $430 cheaper than last year. That make me happy. And since I have been considering increasing the hull value, I had them quote it for $170,000 hull value. That quote came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace was $3,520
Now I just need to figure out if I wan’t to increase the hull value or not with AIG.
Thank You
Ray Doerr
N519RV (40250)
[quote]
href="http://www.matronics.com/Navigator?RV10-List">http://www.matronics.com/Navigator?RV10-List
href="http://forums.matronics.com">http://forums.matronics.com
href="http://www.matronics.com/contribution">http://www.matronics.com/c
[b]
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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AV8ORJWC
Joined: 13 Jul 2006
Posts: 1149
Location: Aurora, Oregon "Home of VANS"
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| Posted: Tue Apr 01, 2008 2:27 pm Post subject: Insurance Renewal Time once again. |
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Here is one big reason to sift through all of the posts during the year. Great Information.
Fly Safe, Fly Often, Fly RV-10s
John Cox
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Condrey, Bob (US SSA)
Sent: Tuesday, April 01, 2008 10:00 AM
To: rv10-list(at)matronics.com
Subject: RE: Insurance Renewal Time once again.
Ray, good info - thanks!
I have some additional data to contribute since I very recently received quotes. AIG had a premium of $3,261 for a 150k hull value as an instrument rated pilot with roughly 400 hours TT and 11 hours make/model. This includes a 5% discount for being a member of AOPA. I had one other quote from AIM for $3,050. Difference between the two was essentially in coverage of first flight and during the flyoff period. The AIG quote covers everything but with increased deductible and lower liability during the flyoff period. AIM didn’t cover first flight but did include an Open Pilot Warranty with requirements of 500 hours TT and 10 hours make/model.
AIG has a breakpoint at 100 hours make/model where a discount comes into play.
AIG also has a discount (10% I think) for Technologically Advanced Aircraft. You have to meet the requirements when the quote is generated to get the discount (unfortunately I didn’t know this and didn’t have an IPC within the last year so didn’t get the discount this time). Following are the requirements for that discount:
Aircraft Requirements:
1. IFR certified GPS
2. Moving map display
3. 2 axis autopilot
Plus 2 of the following systems installed on-board and operational:
Terrain awareness such as TAWS, GPWS or EGPWS
Traffic avoidance (TCAS)
Weather monitoring equipment such as stormscope, datalink or radar
Advanced fuel management such as a fuel totalizer
RNP capability
Pilot Requirements:
1. Private or more advanced pilot certificate with instrument rating
2. Completion of an IPC within the previous 12 months and annually thereafter in the make and model aircraft to be operated
3. Attend/complete 1 of 5 ASF courses in the preceding 12 months related to:
a. Single pilot IFR
b. Datalink
c. Thunderstorms
d. IFR GPS
e. Runway Safety
Bob #40105
So close…
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Doerr, Ray R [NTK]
Sent: Tuesday, April 01, 2008 11:05 AM
To: rv10-list(at)matronics.com
Subject: Insurance Renewal Time once again.
It’s that time again when my Insurance Renewal is up on my RV-10. I thought I would share with the group what I was just told about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year my premium was $3,144, for a hull value of $150,000. At the time of that renewal, I was an Instrument rated pilot with roughly 300 hours total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is $2,714 for the same $150,000 hull value, that’s $430 cheaper than last year. That make me happy. And since I have been considering increasing the hull value, I had them quote it for $170,000 hull value. That quote came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace was $3,520
Now I just need to figure out if I wan’t to increase the hull value or not with AIG.
Thank You
Ray Doerr
N519RV (40250)
[/b]http://www.matronics.com/Navigator?RV10-Listhttp://forums.matronics.com[/b] | Quote: | | [b]http://www.matronics.com/contribution |
[quote][b]
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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Ray.R.Doerr(at)sprint.com
Guest
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| Posted: Wed Apr 02, 2008 10:17 am Post subject: Insurance Renewal Time once again. |
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Thanks Bob, I will owe you a few beers at Oshkosh this year. My Agent just got back to be about the 10% discount for Technologically Advanced Aircraft (TAA). AIG said I do meet these requirements and in fact the discount worked out to more than 10%, it was 12.2% in my case, or a savings of $368.
So here is how it looks.
Hull Value w 5% AOPA w 5% AOPA and TAA discount
$150,000 $2714 $2384
$170,000 $3,018 $2,650
So I told him to go ahead with the $170K on the Hull.
For those of you guys that are still planning your panels, this is great information if you were sitting on the fence about having an IFR Certified GPS, Moving Map etc. It may pay for itself some time down the road with this yearly discount.
Thank You
Ray Doerr
N519RV (40250)
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Condrey, Bob (US SSA)
Sent: Tuesday, April 01, 2008 12:00 PM
To: rv10-list(at)matronics.com
Subject: RE: Insurance Renewal Time once again.
Ray, good info - thanks!
I have some additional data to contribute since I very recently received quotes. AIG had a premium of $3,261 for a 150k hull value as an instrument rated pilot with roughly 400 hours TT and 11 hours make/model. This includes a 5% discount for being a member of AOPA. I had one other quote from AIM for $3,050. Difference between the two was essentially in coverage of first flight and during the flyoff period. The AIG quote covers everything but with increased deductible and lower liability during the flyoff period. AIM didn’t cover first flight but did include an Open Pilot Warranty with requirements of 500 hours TT and 10 hours make/model.
AIG has a breakpoint at 100 hours make/model where a discount comes into play.
AIG also has a discount (10% I think) for Technologically Advanced Aircraft. You have to meet the requirements when the quote is generated to get the discount (unfortunately I didn’t know this and didn’t have an IPC within the last year so didn’t get the discount this time). Following are the requirements for that discount:
Aircraft Requirements:
<![if !supportLists]>1. <![endif]>IFR certified GPS
<![if !supportLists]>2. <![endif]>Moving map display
<![if !supportLists]>3. <![endif]>2 axis autopilot
Plus 2 of the following systems installed on-board and operational:
Terrain awareness such as TAWS, GPWS or EGPWS
Traffic avoidance (TCAS)
Weather monitoring equipment such as stormscope, datalink or radar
Advanced fuel management such as a fuel totalizer
RNP capability
Pilot Requirements:
<![if !supportLists]>1. <![endif]>Private or more advanced pilot certificate with instrument rating
<![if !supportLists]>2. <![endif]>Completion of an IPC within the previous 12 months and annually thereafter in the make and model aircraft to be operated
<![if !supportLists]>3. <![endif]>Attend/complete 1 of 5 ASF courses in the preceding 12 months related to:
<![if !supportLists]>a. <![endif]>Single pilot IFR
<![if !supportLists]>b. <![endif]>Datalink
<![if !supportLists]>c. <![endif]>Thunderstorms
<![if !supportLists]>d. <![endif]>IFR GPS
<![if !supportLists]>e. <![endif]>Runway Safety
Bob #40105
So close…
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Doerr, Ray R [NTK]
Sent: Tuesday, April 01, 2008 11:05 AM
To: rv10-list(at)matronics.com
Subject: Insurance Renewal Time once again.
It’s that time again when my Insurance Renewal is up on my RV-10. I thought I would share with the group what I was just told about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year my premium was $3,144, for a hull value of $150,000. At the time of that renewal, I was an Instrument rated pilot with roughly 300 hours total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is $2,714 for the same $150,000 hull value, that’s $430 cheaper than last year. That make me happy. And since I have been considering increasing the hull value, I had them quote it for $170,000 hull value. That quote came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace was $3,520
Now I just need to figure out if I wan’t to increase the hull value or not with AIG.
Thank You
Ray Doerr
N519RV (40250)
| Quote: | | http://www.matronics.com/contribution |
0123456789012345
[quote][b]
| | - The Matronics RV10-List Email Forum - | | | Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:
http://www.matronics.com/Navigator?RV10-List |
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bcondrey
Joined: 03 Apr 2006
Posts: 580
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| Posted: Wed Apr 02, 2008 5:42 pm Post subject: Insurance Renewal Time once again. |
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|
Great news Ray - about the discount AND the beers! One thing that I didn’t mention before is that complex and/or high performance time also seem to play into the equation.
Bob
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Doerr, Ray R [NTK]
Sent: Wednesday, April 02, 2008 11:14 AM
To: rv10-list(at)matronics.com
Subject: RE: Insurance Renewal Time once again.
Thanks Bob, I will owe you a few beers at Oshkosh this year. My Agent just got back to be about the 10% discount for Technologically Advanced Aircraft (TAA). AIG said I do meet these requirements and in fact the discount worked out to more than 10%, it was 12.2% in my case, or a savings of $368.
So here is how it looks.
Hull Value w 5% AOPA w 5% AOPA and TAA discount
$150,000 $2714 $2384
$170,000 $3,018 $2,650
So I told him to go ahead with the $170K on the Hull.
For those of you guys that are still planning your panels, this is great information if you were sitting on the fence about having an IFR Certified GPS, Moving Map etc. It may pay for itself some time down the road with this yearly discount.
Thank You
Ray Doerr
N519RV (40250)
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Condrey, Bob (US SSA)
Sent: Tuesday, April 01, 2008 12:00 PM
To: rv10-list(at)matronics.com
Subject: RE: Insurance Renewal Time once again.
Ray, good info - thanks!
I have some additional data to contribute since I very recently received quotes. AIG had a premium of $3,261 for a 150k hull value as an instrument rated pilot with roughly 400 hours TT and 11 hours make/model. This includes a 5% discount for being a member of AOPA. I had one other quote from AIM for $3,050. Difference between the two was essentially in coverage of first flight and during the flyoff period. The AIG quote covers everything but with increased deductible and lower liability during the flyoff period. AIM didn’t cover first flight but did include an Open Pilot Warranty with requirements of 500 hours TT and 10 hours make/model.
AIG has a breakpoint at 100 hours make/model where a discount comes into play.
AIG also has a discount (10% I think) for Technologically Advanced Aircraft. You have to meet the requirements when the quote is generated to get the discount (unfortunately I didn’t know this and didn’t have an IPC within the last year so didn’t get the discount this time). Following are the requirements for that discount:
Aircraft Requirements:
<![if !supportLists]>1. <![endif]>IFR certified GPS
<![if !supportLists]>2. <![endif]>Moving map display
<![if !supportLists]>3. <![endif]>2 axis autopilot
Plus 2 of the following systems installed on-board and operational:
Terrain awareness such as TAWS, GPWS or EGPWS
Traffic avoidance (TCAS)
Weather monitoring equipment such as stormscope, datalink or radar
Advanced fuel management such as a fuel totalizer
RNP capability
Pilot Requirements:
<![if !supportLists]>1. <![endif]>Private or more advanced pilot certificate with instrument rating
<![if !supportLists]>2. <![endif]>Completion of an IPC within the previous 12 months and annually thereafter in the make and model aircraft to be operated
<![if !supportLists]>3. <![endif]>Attend/complete 1 of 5 ASF courses in the preceding 12 months related to:
<![if !supportLists]>a. <![endif]>Single pilot IFR
<![if !supportLists]>b. <![endif]>Datalink
<![if !supportLists]>c. <![endif]>Thunderstorms
<![if !supportLists]>d. <![endif]>IFR GPS
<![if !supportLists]>e. <![endif]>Runway Safety
Bob #40105
So close…
From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of Doerr, Ray R [NTK]
Sent: Tuesday, April 01, 2008 11:05 AM
To: rv10-list(at)matronics.com
Subject: Insurance Renewal Time once again.
It’s that time again when my Insurance Renewal is up on my RV-10. I thought I would share with the group what I was just told about how much it was going to cost me this year for insurance.
My RV-10 (N519RV) is currently insured with AIG. Last year my premium was $3,144, for a hull value of $150,000. At the time of that renewal, I was an Instrument rated pilot with roughly 300 hours total time and 150 hours in make and model.
This year, (renewal on April 20, 2008) AIG’s premium is $2,714 for the same $150,000 hull value, that’s $430 cheaper than last year. That make me happy. And since I have been considering increasing the hull value, I had them quote it for $170,000 hull value. That quote came in at $3,018.
Now to compare, the quote for $150,000 with Global Aerospace was $3,520
Now I just need to figure out if I wan’t to increase the hull value or not with AIG.
Thank You
Ray Doerr
N519RV (40250)
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